Solana: Why selling your SOL holdings now might not be smart

Quick Summary:

The cryptocurrency tanked by as much as 42% from its July lows to the bottom range of the recent FUD-filled retracement.

These combined data points indicated that the Solana ecosystem was able to weather the storm quite well.

This could reignite strong ecosystem-driven demand that we mentioned earlier, that was responsible for SOL’s rapid recoveries.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Michael Nderitu

Category: Crypto

Markets: United States

Topics: Ambcrypto News 1 Solana Altcoin Trading View Social News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 07:00:36 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 641 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21967349

View Article Analysis

About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 17 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions